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/ 19 February 2008

Banks, resources keep JSE firm

The bank and resources indices kept the JSE in positive territory on Tuesday, lifting the bourse 0,7% higher by midday. Banks advanced 2,14% and financials collected 1,14%. The gold mining index added 1,46%, resources lifted 1,11% and the platinum mining index was up 0,58%. However, industrials were down 0,12%.

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/ 19 February 2008

Ears ringing, Kenyans return to table

Kenya’s feuding parties resumed talks on Tuesday after a torrent of calls from home and abroad to solve a post-election crisis that has killed 1 000 people and jeopardised the East African nation’s reputation. ”The time for a political settlement was yesterday,” United States Secretary of State Condoleezza Rice said at the end of a lightning trip.

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/ 19 February 2008

Can it get any worse for Chiefs?

Chiefs are thirteen points behind log leaders Ajax Cape Town and are occupying 12th position in the Premier League log. Now, with a bitter attack from chairperson Kaizer Motaung on the tactics of coach Muhsin Ertugral, can things get any worse for the tottering PSL giants?

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/ 19 February 2008

Castro stepping down as Cuba’s leader

Ailing Cuban leader Fidel Castro said on Tuesday that he will not return to lead the country as president or commander-in-chief, retiring as head of state 49 years after he seized power in an armed revolution. Castro (81) said he would not seek a new presidential term when the National Assembly meets on February 24.

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/ 19 February 2008

Shoprite half-year earnings rise, but trouble ahead

South African retailer Shoprite reported a 55,1% rise in half-year headline earnings per share, as an emerging black middle class spent freely, but said it faced tougher times in the year ahead. Diluted headline earnings per share — the main profit measure in South Africa — rose to 128,4 cents, while revenue climbed 21,7% to R19,105-billion.

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/ 19 February 2008

Sangakkara century lifts Sri Lanka

The class of Kumar Sangakkara once again revived Sri Lanka after a dismal start with the bat in their crucial tri-series clash with India in Adelaide on Tuesday. The Sri Lankan cause wasn’t helped by three runs outs, two dreadfully unlucky, but Sangakkara’s polished 128 helped them recover from a disastrous six for two to make 238 for six.

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/ 19 February 2008

Delft evictions under way

Evictions have begun at the housing development in Delft illegally occupied by backyard dwellers, the Western Cape Anti-Eviction campaign said on Tuesday morning. A Cape High Court judge on Monday refused the more than 1 000 squatters leave to appeal against an earlier eviction order.

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/ 19 February 2008

Early birds will catch total eclipse of the moon

South Africans will be able to see a total eclipse of the moon just before sunrise on Thursday. ”South Africans out [very] early on Thursday morning are in for a treat — an eclipsed Moon with Saturn over in the west, and a line of three planets over in the east above the rising sun,” said Claire Flanagan, Planetarium director.